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Nominal GDP sector composition, 2015 (in millions of 2005 USD): [5] [6] 2005 prices are used similarly to 2010 constant prices in which they provide economic statistics where inflation is accounted for.
The economy of the People's Republic of China is a developing mixed socialist market economy, incorporating industrial policies and strategic five-year plans. [29] China is the world's second largest economy by nominal GDP and since 2017 has been the world's largest economy when measured by purchasing power parity (PPP).
A 50 MW molten-salt power tower in Hami, Xinjiang, China. The industrial sector comprised 38.3% of the gross domestic product (GDP) of China in 2023. [1] China is the world's leading manufacturer of chemical fertilizers, cement and steel. Prior to 1978, most output was produced by state-owned enterprises.
China’s economy expanded by 5% year on year in 2024, with an upswing in the final quarter of the year, as a flurry of stimulus measures kicked in and helped meet Beijing’s growth target.
Analysts expected China's GDP growth to be 4.9%, close to the 5% target. China faces challenges like property crisis, youth unemployment, and deflation. China reported its economy grew 5% in 2024 ...
China has set an ambitious economic expansion target of “around 5%“ for 2024, as its leaders vowed to “transform the growth model” in the face of significant challenges facing its development.
The E-paper and the China Economic Analysis Monthly are available in traditional and simplified Chinese. 2. China Economic Analysis Monthly This monthly publication provides an indepth look at China's economy. Featuring graphs and text on various sectors of China's economy it is a valuable tool for scholars.
The sector showed a positive trend in the fourth quarter with retail sales accelerating 4.9 percent year over year. SHANGHAI–China, the world’s second largest economy, registered GDP growth of ...